DONCASTER POWER (10MW) LIMITED
💤Zombieactive
11377507 · ltd · incorporated 2018-05-23
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£-1.91M
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 5.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £1,907,541
Net assets shrinking
Down £2,306,265 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£1.9m
↓ 578% YoY
Current Assets
£212k
↓ 27% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £3.42M | £5.65M |
| Current assets | £212.1k | £290.4k |
| Net assets | £-1.91M | £398.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2026-02-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-15📄second-filing-of-director-termination-with-nameofficers · RP04TM01
- 2024-09-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-31➖THORPE, Steven John resigneddirector
- 2024-07-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-18📄change-to-a-person-with-significant-control-without-name-datepersons-with-significant-control · PSC05
- 2024-07-10📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-06-27📄memorandum-articlesincorporation · MA
- 2024-06-27📄capital-allotment-sharescapital · SH01
- 2024-06-27📄resolutionresolution · RESOLUTIONS
- 2024-06-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-11🔓Charge satisfied #2
- 2024-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-09➖FOREMAN, Andrew Patrick resigneddirector
- 2024-05-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-04➖FOREMAN, Britt resigneddirector
- 2024-03-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-01➕FOREMAN, Britt appointeddirector
- 2023-08-07➕FOREMAN, Benjamin Andrew appointeddirector
- 2023-03-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-03-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-06-17🔒Charge registered #4Lender: Nash Business Capital Limited (As Security Trustee)
- 2022-06-17🔒Charge registered #3Lender: Nash Business Capital Limited (As Security Trustee)
- 2022-06-10➕FOREMAN, Andrew Patrick appointeddirector
- 2021-05-27🔒Charge registered #2Lender: Ablrate Assets LTD (As Security Agent and Security Trustee)
- 2021-03-05➖O'SULLIVAN, Britt resigneddirector
- 2021-03-05➕THORPE, Steven John appointeddirector
- 2020-10-23🔒Charge registered #1Lender: Ablrate Assets Limited
- 2018-05-23🏢Company incorporatedAs DONCASTER POWER (10MW) LIMITED
- 2018-05-23➕O'SULLIVAN, Britt appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️ultimate parent
Doncaster Power Projects Limited
Corporate parent · holds 75-100% shares
🏛️significant stake
Nash Business Capital Nominees Limited
Corporate parent · holds 25-50% shares
⬇
DONCASTER POWER (10MW) LIMITED
This company · 11377507
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Doncaster Power Projects Limited Corporate entity | 75–100% | — | 75-100% shares | 17/06/2022 |
Nash Business Capital Nominees Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 14/06/2022 |
2 historic (ceased) PSCs
- Forepower Limitedceased 17/06/2022· significant influence
- Catfoss Finance Limitedceased 12/03/2020· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Energy & utilities · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALLENSWAY RECYCLING (GRIMSBY) LIMITED→ 06977885 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ALTHERM LTD→ 11892924 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ASHCOURT RECYCLING LIMITED→ 14574340 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CROSSLEY TYRES LIMITED→ 06839856 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CUBE (YORKSHIRE) LTD→ 06558096 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| DMH ELECTRICAL SERVICES LTD→ 15205900 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DRAINS UK 2000 (LINING) LTD→ 09276033 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| DRAX BESS MARFLEET LIMITED→ 12967525 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DRAX ENERGY SOLUTIONS LIMITED→ 05893966 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| DRAX RIVER HYDRO LIMITED→ 05956747 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| DSD WASTE SOLUTIONS LTD→ 12668166 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| EBOR PROCESSING LIMITED→ 11041646 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2018-05-23
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
Medforth House Catfoss Lane
Brandesburton
Driffield
YO25 8ES
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-03-30
Last: 2026-03-16
Officers (1 active · 4 resigned)
FOREMAN, Benjamin Andrew→
Activedirector · ~40y · appointed 2023-08-07
View their other companies + combined net worth →
FOREMAN, Andrew Patrick→
Resigneddirector · ~63y · appointed 2022-06-10 · resigned 2024-05-09
FOREMAN, Britt→
Resigneddirector · ~59y · appointed 2024-03-01 · resigned 2024-04-04
O'SULLIVAN, Britt→
Resigneddirector · ~59y · appointed 2018-05-23 · resigned 2021-03-05
THORPE, Steven John→
Resigneddirector · ~62y · appointed 2021-03-05 · resigned 2024-08-31
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Nash Business Capital (As Security Trustee) Nash Business Capital Limited (As Security Trustee) | A registered charge | — | 17/06/2022 | — | |
| outstanding | Nash Business Capital (As Security Trustee) Nash Business Capital Limited (As Security Trustee) | A registered charge | 1 property | 17/06/2022 | — | |
| satisfied | Ablrate Assets (As Security Agent and Security Trustee) Ablrate Assets LTD (As Security Agent and Security Trustee) | A registered charge | 1 property | 27/05/2021 | 11/06/2024 | |
| outstanding | Ablrate Assets Ablrate Assets Limited | A registered charge | 1 property | 23/10/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (42 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-25
second-filing-of-director-termination-with-name
officers · RP04TM01
2024-10-15
termination-director-company-with-name-termination-date
officers · TM01
2024-09-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-07-18
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC05
2024-07-18
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-07-10
memorandum-articles
incorporation · MA
2024-06-27
capital-allotment-shares
capital · SH01
2024-06-27
resolution
resolution · RESOLUTIONS
2024-06-27
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-11
change-person-director-company-with-change-date
officers · CH01
2024-05-21